BMO alters ETFs’ investment strategies

Toronto-based BMO Asset Management Inc. has changed the investment strategies of five BMO exchange-traded funds (ETFs). BMO Dow Jones Canada Titans 60 Index ETF now is associated with the S&P/TSX capped composite index, and will be renamed BMO S&P/TSX Capped Composite Index ETF. BMO U. S. Equity Hedged to CAD Index ETF now is associated with the S&P 500 hedged to Canadian dollars index, and will be renamed BMO S&P 500 Hedged to CAD Index ETF. BMO Global Infrastructure Index ETF now is associated with the Dow Jones Brookfield global infrastructure North American listed index; the fund’s name is unchanged. BMO China Equity Hedged to CAD Index ETF now is associated with the BNY Mellon China select ADR index, and will be renamed BMO China Equity Index ETF. BMO India Equity Hedged to CAD index ETF now is associated with BNY Mellon India select ADR Index, and will be renamed BMO India Equity Index ETF.

(cohara@investmentexecutive.com).